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Rhode Island Mega Millions Jackpot Annuity Payout Schedule for Sep 30, 2025

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $497,000,000 for a ticket purchased in Rhode Island, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Rhode Island

Drawing Date:Tue, Sep 30, 2025
Jackpot:$497,000,000
Federal Tax:37% marginal rate
State Tax: 5.99%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,480,563$2,723,766$448,086$4,308,712
2$7,854,591$2,862,156$470,490$4,521,945
3$8,247,321$3,007,466$494,015$4,745,840
4$8,659,687$3,160,042$518,715$4,980,930
5$9,092,671$3,320,246$544,651$5,227,775
6$9,547,305$3,488,460$571,884$5,486,961
7$10,024,670$3,665,085$600,478$5,759,107
8$10,525,904$3,850,542$630,502$6,044,861
9$11,052,199$4,045,271$662,027$6,344,901
10$11,604,809$4,249,737$695,128$6,659,944
11$12,185,049$4,464,426$729,884$6,990,739
12$12,794,302$4,689,849$766,379$7,338,074
13$13,434,017$4,926,543$804,698$7,702,776
14$14,105,718$5,175,073$844,932$8,085,712
15$14,811,004$5,436,029$887,179$8,487,796
16$15,551,554$5,710,032$931,538$8,909,984
17$16,329,131$5,997,736$978,115$9,353,281
18$17,145,588$6,299,825$1,027,021$9,818,742
19$18,002,867$6,617,018$1,078,372$10,307,477
20$18,903,011$6,950,071$1,132,290$10,820,649
21$19,848,161$7,299,777$1,188,905$11,359,479
22$20,840,569$7,666,968$1,248,350$11,925,251
23$21,882,598$8,052,518$1,310,768$12,519,312
24$22,976,727$8,457,346$1,376,306$13,143,075
25$24,125,564$8,882,416$1,445,121$13,798,027
26$25,331,842$9,328,739$1,517,377$14,485,726
27$26,598,435$9,797,378$1,593,246$15,207,810
28$27,928,356$10,289,449$1,672,909$15,965,998
29$29,324,774$10,806,124$1,756,554$16,762,096
30$30,791,013$11,348,632$1,844,382$17,597,999
Total$497,000,001$182,568,720$29,770,302$284,660,979

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.